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BrightSpring Health Services (BrightSpring Health Services) Debt-to-Equity : 1.84 (As of Mar. 2024)


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What is BrightSpring Health Services Debt-to-Equity?

BrightSpring Health Services's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $137 Mil. BrightSpring Health Services's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $2,748 Mil. BrightSpring Health Services's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $1,567 Mil. BrightSpring Health Services's debt to equity for the quarter that ended in Mar. 2024 was 1.84.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for BrightSpring Health Services's Debt-to-Equity or its related term are showing as below:

BTSG' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.84   Med: 4.88   Max: 6.28
Current: 1.84

During the past 6 years, the highest Debt-to-Equity Ratio of BrightSpring Health Services was 6.28. The lowest was 1.84. And the median was 4.88.

BTSG's Debt-to-Equity is ranked worse than
85.69% of 552 companies
in the Healthcare Providers & Services industry
Industry Median: 0.49 vs BTSG: 1.84

BrightSpring Health Services Debt-to-Equity Historical Data

The historical data trend for BrightSpring Health Services's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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BrightSpring Health Services Debt-to-Equity Chart

BrightSpring Health Services Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial 3.72 4.22 4.87 4.87 6.28

BrightSpring Health Services Quarterly Data
Dec18 Dec19 Jun20 Sep20 Dec20 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only N/A 5.00 5.98 6.28 1.84

Competitive Comparison of BrightSpring Health Services's Debt-to-Equity

For the Health Information Services subindustry, BrightSpring Health Services's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


BrightSpring Health Services's Debt-to-Equity Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, BrightSpring Health Services's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where BrightSpring Health Services's Debt-to-Equity falls into.



BrightSpring Health Services Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

BrightSpring Health Services's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

BrightSpring Health Services's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


BrightSpring Health Services  (NAS:BTSG) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


BrightSpring Health Services Debt-to-Equity Related Terms

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BrightSpring Health Services (BrightSpring Health Services) Business Description

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BrightSpring Health Services Inc is a platform of complementary health services delivering provider and pharmacy solutions for complex populations in home and community settings. Its platform delivers clinical services and pharmacy solutions across Medicare, Medicaid, and commercially insured populations.

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